Why does reducing cost variation reduce risk? Why does reducing fixed cost reduce risk?
Question:
Why does reducing cost variation reduce risk? Why does reducing fixed cost reduce risk?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
Reducing cost variation and reducing fixed costs both contribute to risk reduction in different ways Reducing Cost Variation Risk Reduction When a business or organization can reduce the variation in ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Subject : Strategic Management in a Global Environment Safaricom: Innovative Telecom Solutions to Empower Kenyans As the largest mobile provider in Kenya, Safaricom has touched the lives of Kenyans...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
(a) Compute the primary Class 1 NICs payable by the following weekly-paid employees for the week ending 14 August 2020: (i) Employee A has earnings for the week of 110. (ii) Employee B has earnings...
-
Material adverse change clauses (MACs) are a means for the parties to the contract to determine who will bear the risk of adverse events that occur between the signing of an agreement and the...
-
Disney Amusement Park, Inc. has a fiscal year ending on September 30. Selected data from the September 30 worksheet are presented below. Instructions (a) Prepare a complete worksheet. (b) Prepare a...
-
What is the value of the healthcare business plan for CMCs future success?
-
A household (HH) saving- account spreadsheet shows the following entries: Calculate the dollar- weighted average return on the HH saving account between the first and final dates. Value Date...
-
Date Required information The following information applies to the questions displayed below.) Tree Seedlings has the following current-year purchases and sales for its only product Activities Uniti...
-
You spent $500,000 on coding training last year. Is this a sunk cost? Should it be considered in making a decision whether to switch coding software?
-
The following data describe the costs for two pediatric clinics with the same revenue. Calculate the average and sample standard deviation of weekly costs. Which clinic is riskier? Week 1 2 3 4 5 6 7...
-
Lance contributed investment property worth $500,000, purchased three years ago for $200,000 cash, to Cloud Peak LLC in exchange for an 85 percent profits and capital interest in the LLC. Cloud Peak...
-
How do these relevant legal principles apply: Duty of care Duty of obedience Duty of loyalty Shareholder Derivative suit Piercing the corporate veil...
-
what will you do as a hotel manager if a customer complained about bad service they received?
-
How do marketers use new products to maintain and grow their market share? Your response must include a specific example of a company that successfully grew its business or attracted a new target...
-
How do you encourage cross-functional synergy within your organization to break down silos and facilitate innovative solutions to complex challenges ?
-
1. what is intended internal resource strategies. How do you plan to develop or acquire resources (tangible and/or intangible) that would generate core competencies? What are examples of resource...
-
Steam enters an adiabatic turbine at 2000 psia, 1000F, with a flow velocity of 300 ft/s through four 1-in.-diameter jets. It leaves at 10 psia with a velocity of 40 ft/s and a quality of 0.90....
-
1) Predict the organicproduct formed when BzCl reacts with cyclohexanol. BzCl = benzoylchloride. 2) Provide the majororganic product of the reaction below. 3) Draw the structureof the product formed...
-
In your own words explain the time value of money. From your own life (either now or in a situation -that might occur in your future), provide an example in which the time value of money would be...
-
Magdalen, Miriam, and Mary June were asked to consider two different cash flows: $500 that they could receive today and $1000 that would be received 3 years from today. Magdalen wanted the $500...
-
Solve the diagram below for the unknown Q assuming a 10% interest rate. 3 2
-
A company lends its supplier $171,000 for 3 years at a 9% annual interest rate. Interest payments are to be made twice a year. The entry to record the establishment of the loan includes a debit to:
-
600 ? ? ? PA3. LO 3.2 Fill in the missing amounts for the four companies. Each case is independent of the others. Assume that only one product is being sold by each company. Company A Company B...
-
Question 2 : Cost V olum e - Profit (3. 0 ) Zan Bun is the sole producer of cakes in the Changlun region. The company only produces one type of cake, and it is sold at $10 each. The variable cost for...
Study smarter with the SolutionInn App